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Professional Office Unit
For Lease
$2,500/Mo

635 N Broadway, Lexington, KY 40508

Office space in a 1920 building with a compact commercial footprint.

Space SizeContact for details
Days on Market54

Property Features for 635 N Broadway

General Information

Standard status Active

Additional Details

Space Use Office

Building Details

Year Built 1920
Listing Agency: The Gibson Company
Listed By: Ed Richardson · License #209184
Source: Meliarealty
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 31 at 7:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gibson Company

Investment Insights

Based on property information with market context.

This professional office unit offers 1,724 square feet within a building constructed in 1920. The property is configured for office use and provides a defined commercial setting for professional operations.

Located at 635 N Broadway in Lexington, Kentucky, the space places an office user within an established building environment. Available for rent, the unit presents a straightforward option for businesses seeking dedicated office premises.

Key Highlights

  • 1,724 square feet of office space
  • Constructed in 1920
  • Located at 635 N Broadway, Lexington, KY 40508

Property Analytics

Current Use

Sullivan Insurance Agency Insurance Agency

Suggested Use

Top Pick Home Appliance Store Butcher Pet Grooming Service Pet Store Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 40508, KY

25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$23.19 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
22,476 SF
Avg Space Size

This space is priced 25% below the average of $23.19 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a 1920 building with a compact commercial footprint.
Where is this office units located?
The property is located at 635 N Broadway Lexington, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,724 square feet of office space; Constructed in 1920; Located at 635 N Broadway, Lexington, KY 40508
More about this property
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